Samsung Next and Standard Industries unit 40North took part in a round that increased the transcription services provider's valuation to $2bn.

Israel-headquartered transcription technology provider Verbit completed a $250m series E round yesterday that included electronics manufacturer Samsung and conglomerate Standard Industries at a valuation of $2bn. The round consisted of $150m in primary investment and another $100m in secondary share sales. It was led by Third Point Ventures, the venture capital arm of investment adviser…

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